Oregon Senate passes bill to ease the way for car-sharing programs

If a car owner wants to rent a car to someone for a day when it is not being used, what happens with the car insurance? Under a bill passed by the Oregon senate, the car would continue to be insured as a personal vehicle by its owner, while a car-sharing company would insure it during its time as a rental vehicle. As described in the Oregon Capitol News, the concept of car-sharing is this: “A private company creates an eBay-like online system in which personal car owners advertise their cars and the daily or hourly price of their choice. Potential renters search the site and then rent the cars.” State Representative Ben Cannon described the system as an “innovative, free market method of allowing car owners to recoup some of the costs of car ownership, putting some extra dollars in Oregonians’ pockets.”